 CBA retains refinancing rate at 8% July 10, 2012 - 21:28 AMT PanARMENIAN.Net - The Central Bank of Armenia (CBA) continues to retain refinancing rate at 8%. 1.3% deflation was posted in June, with 12-month inflation to total 0,7%, keeping at a low level in line with permissible fluctuations. Taking into consideration the neutralizing influence of global and local economies on internal process, and given June tendencies of AMD devaluation, CBA Council refrained from altering the refinancing rate, CBA press service said.   Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.   Partner news |  Latest news Armenia border residents dissatisfied with delimitation  Residents Kirants are dissatisfied with the results of the delimitation of the border between Armenia and Azerbaijan.“Great success”: Pashinyan pleased with new border protocol Pashinyan has described the signing by Armenia and Azerbaijan of a protocol on delimitation in Tavush as “a great success”.Armenia, Azerbaijan sign protocol on demarcation coordinates Armenia’s government took on May 15 another step towards handing over four border areas to Azerbaijan.U.S. warns Georgia not to side with Moscow against the west Georgia has been warned by the U.S. not to become an adversary of the west by falling back in line with Moscow. |
